News

 

Illicit trade should be treated as national threat: Ficci

Jun 01 2017

Ficci exhorted the government to take adequate steps to tackle the menace of illicit trade in India.

Infiltration bids have fallen after surgical strikes: Rajnath

Jun 01 2017

Home Minister Rajnath Singh said that infiltration bids by terrorists have fallen after the Army carried out surgical strikes across the LoC last year.

India's manufacturing sector expansion eases in May: PMI

Jun 01 2017

India's manufacturing sector output slowed down last month due to a softer expansion in new orders and production, PMI showed.

Barclays makes early African exit with $2.8 billion share sale

Jun 01 2017

Barclays cut its stake in Barclays Africa Group to 15 percent sooner than expected, ending more than 90 years as a major presence in the continent.

Arun Jaitley plays down demonetisation growth hit

Jun 01 2017

Finance Minister Arun Jaitley played down the impact on economic growth of the government's decision last November to scrap most of the cash in circulation.

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Global Markets

 

Stocks In News

 

ICICI BANK

I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports

BANK OF MAHARASHTRA

3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr

IPO UPDATE

RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1

IDBI BANK

SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets

INDIAN HOTELS

Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body

INDIGO CLARIFIES

Have not received any notice from ED on FEMA violations

WELSPUN CORP

U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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